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AR HB1773
Bill
Status
4/5/2021
Primary Sponsor
David Hillman
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AI Summary
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Amends Arkansas Code § 26-51-1011(c)(1) to extend the project completion deadline under the Water Resource Conservation and Development Incentives Act from 3 years to 5 years from the date of certificate of tax credit approval.
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Applies the extended deadline retroactively to all projects that received a certificate of tax credit approval on or after January 1, 2017.
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Conforms Arkansas law to federal law regarding agricultural water resource conservation and development measures.
Legislative Description
To Conform To Federal Law Concerning Agricultural Water Resource Conservation And Development Measures; And To Amend The Time Period For Completing Projects Under The Water Resource Conservation And Development Incentives Act.
Last Action
Notification that HB1773 is now Act 563
4/5/2021